House
Feb 11, 2003Marriage IRA Fairness Act of 2003
Summary
Official
Marriage IRA Fairness Act of 2003 - Amends Internal Revenue Code provisions concerning retirement savings to: (1) increase, with respect to the limitation on the deduction for active participants in certain pension plans, the phaseout threshold to $50,000 (twice such amount on a joint return) and provide an annual cost-of-living adjustment; (2) increase the applicable dollar amount for a Roth IRA to $95,000 (twice such amount on a joint return); and (3) eliminate the marriage penalty on the IRA deduction for active pension plan participants.
Bill Progress
Bill has been introduced and assigned a number
Introduced(2/11/03)
Committee
Passed
House
Passed
Senate
President
Law
Sponsor
EG
Mr. GALLEGLY
(R) CA – 24
Topics
Latest Action
Referred to the House Committee on Ways and Means.
Feb 11, 2003
View Bill on Congress.gov